Swiss Helvetia Fund (SWZ) : Gramercy Funds Management reduced its stake in Swiss Helvetia Fund by 2.37% during the most recent quarter end. The investment management company now holds a total of 407,936 shares of Swiss Helvetia Fund which is valued at $4,291,487 after selling 9,901 shares in Swiss Helvetia Fund , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Swiss Helvetia Fund makes up approximately 1.71% of Gramercy Funds Management’s portfolio.
Other Hedge Funds, Including , Massmutual Trust Co Fsbadv added SWZ to its portfolio by purchasing 119 company shares during the most recent quarter which is valued at $1,252.Amica Mutual Insurance Co boosted its stake in SWZ in the latest quarter, The investment management firm added 19,198 additional shares and now holds a total of 64,886 shares of Swiss Helvetia Fund which is valued at $664,433. Swiss Helvetia Fund makes up approx 0.06% of Amica Mutual Insurance Co’s portfolio.Sol Capital Management Co reduced its stake in SWZ by selling 572 shares or 4.58% in the most recent quarter. The Hedge Fund company now holds 11,929 shares of SWZ which is valued at $123,763. Swiss Helvetia Fund makes up approx 0.04% of Sol Capital Management Co’s portfolio.
Swiss Helvetia Fund Inc. is a non-diversified closed-end investment company. The Fund’s objective is to seek long-term capital appreciation primarily through investment in equity and equity-linked securities of Swiss companies. The Fund may also acquire and hold equity and equity-linked securities of non-Swiss companies in limited instances. In addition the Fund invests in restricted securities and other investments that may be illiquid and the securities may not be sold at the time desired by the Fund. The market price of common shares of the Fund are based on factors such as the supply and demand for common shares in the market and general market economic political or regulatory conditions. Schroder Investment Management North America Inc. is an investment advisor of the Fund.